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May 22, 2012
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Wellington-based angel investment
group Angel HQ is partnering with the New Zealand Venture
Investment Fund to invest up to $8 million into startups. When Angel HQ invests into a new company, NZVIF
will match that amount, and is committing to invest
up to $4 million through the partnership. Angel HQ
chairman Bruno Bordignon said the deal would bring more capital into innovative businesses in Wellington.
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Cerebos says it won’t lift its $2.50-a-share offer
for Comvita and that the valuation range given by an independent
adviser is not justified. Cerebos
Gregg’s chief executive George Crocker rubbished the price of $3.40 to
$4, based on forecast earnings, given by Grant Samuel. The $71.6 million proposal closes on December 22.
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So says Kiwi Bacon, which is counting down the next two weeks with a Baconanza featuring such goodies as bacon wallets, mints, soap, shoes, and and lip balm. The brand was also behind this weekend’s Fight For Life.
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From one-time
Greenpeace activist to a man on mission to transform New Zealand into a 100 percent solar
country by 2020, Solar City chief executive Andrew Booth certainly likes a good
challenge. But the biggest challenge we’ll face, he believes, will be the
consequences we’ll have to face if we don’t do away with the “failed” system of
cap and trade.
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The app explosion is set to reach a new milestone within the week – one million mobile apps. Mobilewalla, a search, discovery and analytics engine that tracks apps in real time, said the count had risen to 989,476 across
all four platforms. Apple holds about 60 percent market share, while Android
accounts for 32 percent and Blackberry and Windows account for the rest
at 4.4 and 3.6 percent.
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The Plain Old Telephone Service line (POTS) is the type of
line most people still use at home, and until recently this was the only
option they had. But Voice
Over IP (VoIP) is gaining traction. While it’s far from the most common way for people to call
each other in New Zealand, it will be – sooner rather than later.
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Sure, it’s only Tuesday, but the best thing we’ve seen this week are these posters designed by Nuno Filipe Miranda capturing gems of wisdom uttered by the likes of Walt Disney, Winston Churchill, Henry Ford sand Steve Jobs.
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